More millennials are renting now than were five years ago, but most of them still aspire to live in single-family, detached homes in the near future.
Sound familiar? It should. Those are two of the main findings of an Urban Land Institute-commissioned survey of Americans of age 19 to 36 discussing their housing preferences and finances. The survey, to be released Wednesday, is the latest in a long line of assessments of millennials’ housing druthers. It’s a much studied topic that, nonetheless, doesn’t always yield consistent outlooks.
Read more...Survey: More Millennials Renting, But Just As Many Want To Own - Developments - WSJ
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